Flood policy purchases rising nationwide; big gains in Miss., S.C. and other East Coast states There is a national trend of increased sales of flood insurance, with three times as many policies written since last May compared with sales for …
Oh, deer…it’s that season According to claims information from Erie Insurance, one in every 100 drivers nationally is likely to have a collision with a deer. The Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up $1.1 billion …
Post-hurricane homeowners perspective: change coming to Louisiana A year ago, many home insurers in southern Louisiana refused to write new policies, or left vulnerable coastal community markets in fear of potential losses occurring from future storms. Many companies stopped writing …
Hunting season brings rise in ATV thefts Arkansas law enforcement officials are warning hunters to keep an eye on their all-terrain vehicles when they get out in the woods this fall. Although thieves nab four-wheelers all year, deer season is …
Workers’ comp claim frequency and size continue downward trend A recent study based on data collected through 2004 shows that workers’ compensation claims frequency is down—yet costs continue to rise. The lowered frequency of claims includes large claims and small …
Great Northwest to buy Hawaiian Insurance Guaranty The First Circuit Court of Hawaii granted a motion approving the transfer of assets and policy obligations from Hawaii Insurance Commissioner J.P. Schmidt, as liquidator of The Hawaiian Insurance Guaranty Co., to qualified …
Hawaii to teach homeowners about hurricane retrofits Hawaii’s Department of Commerce and Consumer Affairs’ Insurance Division has created a new Web site: www.hurricaneretrofits.hawaii. gov, which details the State’s Loss Mitigation Grant Program for Hawaii homeowners. Hawaii homeowners who install hurricane …
California locales among safest of nation’s large cities Three California cities had the lowest crime rates among the nation’s 10 largest cities in 2005, according to an Associated Press analysis of FBI statistics. Following New York, San Jose, Calif., ranked …
Alaska workers’ comp reforms helping to lower rates Alaska Gov. Frank H. Murkowski has announced he is pleased that workers’ compensation system reforms proposed by the administration and enacted last year by the Legislature have led to a proposed 10.5 …
California associations, businesses oppose punitive damages bill The American Insurance Association (AIA), Civil Justice Association of California (CJAC), California Chamber of Commerce (CCC) and Association of California Insurance Companies (ACIC) have joined forces to oppose Senate Bill 832, which would …
